The Latest Breaking News from Recession

UK housebuilder Bellway expects sluggish sales as interest rates rise

Company warns that next 12 months will be tougher, with economy likely to go into recession

The Guardian - UK · Oct 18, 2022

‘Bad situation’: Soaring U.S. dollar spreads pain worldwide

As the value of the U.S. dollar soars, other currencies around the world are sinking by comparison

The Independent UK · Oct 18, 2022

2 Stocks That Are Major Steals Right Now

The market volatility and odds of a recession are perpetually increasing with every update on inflation numbers and consequent aggressive interest rate hikes by the Fed. Hence, it could be wise to load up on attractively priced shares of businesses with robust demand and a stable growth trajectory. Microsoft (MSFT)…

StockNews.com · Oct 17, 2022

These 2 Stocks Will Be Winners Over the Long Term

Inflation came in more than expected in September, raising the chances of a fourth 75-bps rate hike by the Fed at the year-end. The Fed’s aggressive rate hikes are leading the economy to a recession. However, investors should focus on long-term strategies to offset the current situation. We think fundamentally…

StockNews.com · Oct 17, 2022

Will the economic slowdown take the wind out of the US tech industry’s sails?

Looming layoffs, rising inflation and fears of an impending recession bode ill for companies’ earnings calls next week

The Guardian - US · Oct 17, 2022

3 Recession-Resistant Stocks to Buy in 2022

Persistent inflationary pressure and consecutive rate hikes have hit the U.S. economy’s growth prospects and raised fears of a recession. Amid this, investing in defensive stocks Coca-Cola (KO), Humana (HUM), and Casey’s General Stores (CASY) could be wise. Read on….

StockNews.com · Oct 17, 2022

Jeremy Hunt’s economic plan turns the clock back to austerity

UK chancellor’s tightening of fiscal policy will lead to weaker growth and a deeper recession

The Guardian - UK · Oct 17, 2022

1 EV Stock That's Too Expensive to Own in This Bear Market

Shares of Rivian Automotive (RIVN) have plummeted more than 70% in price year-to-date, with the Fed’s aggressive rate hikes and rising recession odds weighing on investors’ sentiment. The startup automaker is expected to incur huge losses in the upcoming fiscal years as it suffers from cost increases, chip shortages, and…

StockNews.com · Oct 17, 2022

UK to enter recession until summer 2023, experts warn

High energy prices, surging inflation, rising interest rates and global economic weakness to blame

Wales Online · Oct 17, 2022

Four in five finance heads predict recession within a year

Deloitte reveals businesses witnessing reset in cost and availability of credit

Evening Standard · Oct 17, 2022